According the press house prices are set to
continue to surge across the South West by in the region of 6% per year, for
the next five years. It is reported that this is as a result of a severe
shortage of housing.

Prices across
the South West are said to have risen by around 7.5% year-on-year to April. As a result the average home in the South West
region is reported to be worth £198,325 – which is close to the pre-recession
levels - according to a Nationwide report.